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A Budget of Paradoxes (Continued from page 284, vol. xi)

Published online by Cambridge University Press:  18 August 2016

Extract

An essay to ascertain the value of leases and annuities for years and lives. By W[eyman] L[ee]. London, 1737, 8vo.

A valuation of Annuities and Leases certain, for a single life. By Weyman Lee, Esq., of the Inner Temple. London, 1751, 8vo. Third edition, 1773.

Every branch of exact science has its paradoxer. The world at large cannot tell with certainty who is right in such questions as squaring the circle, &c. Mr. Weyman Lee was the assailant of what all who had studied called demonstration in the question of annuities; and he can be exposed to the world: for his error arose out of his not being able to see that the whole is the sum of all its parts.

Type
Research Article
Copyright
Copyright © Institute and Faculty of Actuaries 1866

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